Sensex breaks 26000, down 250pts; Nifty below 8000, Bank down 2%

Equity benchmarks fell further in morning trade with the Sensex down 250.51 points or 0.96 percent at 25899.73 and the Nifty down 92.55 points or 1.15 percent at 7981.55.

About three shares declined for every share rising on the BSE.

HDFC, HDFC Bank, Tata Motors, SBI, Maruti, HUL and Dr Reddy’s Labs declined 1-1.6 percent while Adani Ports, ONGC, Wipro, Infosys, Reliance Industries and Bharti Airtel gained strength.

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